Available Course

(2016) Management Accounting - Financing and Investment Decisions - VT

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Duration: 1 Day
CPD Hours: Attendance at this seminar will secure 6.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Nerissa Singh
T:  011-886-1395
E:  nerissa@probetatraining.co.za
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This course explains the analysis of financial strength of a business by focusing on liquidity, financial structure (solvency), cash flow and project appraisal techniques. The theoretical content is illustrated by application to practical examples. Learning is assessed through application of the principles to a case study where the financial strength of two different entities is analysed and compared. Besides reinforcing the delegates theoretical knowledge, this course also provides an opportunity to: Develop an extended argument and Develop capacity to interpret, translate, apply, critique and evaluate, which achieves depth rather than breadth of learning. The course also offers a comprehensive review of the major capital investment appraisal techniques. The techniques are applied to specific problems through worked examples. Equal emphasis is placed on the application of the techniques and the correct interpretation of results. The final electronic assessment is designed to test the delegate ability to decide on an appropriate technique, apply it and draw appropriate conclusions. An engaged learning platform is provided which will have delegates participating on an interactive level with each other and the facilitator. A safe learning environment is created whereby delegates will be introduced to useful interactivity tools such as tests, polls, breakouts and both audio and visual engagement activities. These tools will support the delivery of theory and understanding of the necessary principles of the course on a practical level. On registration, all relevant course material and information will be made available online.

After attending the course, delegates will have gained a basic understanding on the competencies mentioned below, and must be able to apply the concepts and techniques in simple, uncomplicated situations or environments. According to the SAIPA Trainee Logbook Regulations, this competency skill is an elective skill. The delegate therefore needs to obtain successful sign off on this skill as Competent. This involves pre-course work, in-class discussions and exercises as well as evaluation and feedback. After attending the course, delegates will have gained a basic understanding of the competencies mentioned below. SAIPA Logbook task number to be performed and signed off: Management Accounting Task 3: Analysis and Interpretation (Elective skills) F: Capital investments and financing Task 4: Budgeting and Forecasting (Elective skills) B: Capex needs analysis C: Capital expenditure (Capex) D: Financing E: Analysing the cash flow, performance, project appraisal techniques and position of a company is an essential skill for a business leader. After completing this course trainees should be able to: o analyse and interpret the different decisions a company makes in terms of operating, financing and investing activities o make reasonable assumptions in a forecast o review managements assumptions in a forecast o assess the impact of inflation and changes in exchange rates and interest rates on cash forecasts o analyse and perform stress test analysis of assumptions (sensitivity analysis) o make the link between long term and short term financing decisions o consider the impact of growth on the entity's cash position o identify potential risks of any changes to the working capital policy o calculate and benchmark working capital ratios o apply methods to manage working capital levels o prepare capital budgeting models in order to compare the viability of mutually exclusive projects o analyse the entity's financial situation o monitor cash flow. Analyse the entity's working capital o appraise capital investment decisions. Other course benefits include: o professional skills development (writing and reporting skills) o drafting recommendations which are reasonable and relevant o time management; critical and strategic thinking o individual feedback by an accredited Assessor.

The overall assessment is based on the following approach which includes the submission of a PoE file (Proof of Evidence file) within two working days after the course day:

SAIPA Trainees (delegates) who have a basic understanding of the elements of financial statements and financial analysis and who need to understand the application of the theory to analyse the financial strength of a business.

Delegates must have the following available on the course day: o Own computers (PC or laptop) with Excel loaded onto the machine o Proper internet connection (Wi-Fi or 3G) with sufficient data for the day o USB headset with microphone and speaker Webcam (external or built-in). For the engagement activities and tools, other devices such as the iPad or iPhone are not recommended. Please ensure that the pre course work has been completed prior to attending the course. Please ensure that you are logged in 15 minutes prior to the start of the session.

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